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Hello BP!Long story short, I've hired a law firm to form a single member LLC for the sole purpose of investing in rental properties. However, when electing to be taxed as a sole proprietor (IRS default for single mem...
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Does anyone have tips to expedite the eviction process? I have tenants that haven’t paid rent since October (5 months). -My PM filed for eviction in December.-We’ve offered cash for keys and that was ignored. -We file...
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After watching hours of YouTube videos on septic tanks I have determined that one of my tanks and the leech lines are full of biomat, a nasty substance made up of fat and grease.I am considering adding to the drain fi...
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Hello fellow investors.
I want to ask your advice.
I find home where I want to live. And I know I can pay for this. But can not qualify for credit. What I can offer to potential co signer to make it int...
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Hi BP community,Does anybody know how the self employment tax works? I know it's 15.3%, but does it apply only if you have an LLC? And what if you currently have a full time job? Thanks so much in advance!
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Both federal and state politicians continue to stick their fingers in our business with various regulations. Rent control is becoming more common. Limited rent increases. You're limited to how much you can charge for ...
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I got played like a guitar at a TED Nugent concert.He got behind in rent, gave an excuse said would make it, caught him lying, didn’t make rent up, I gave him 7 day notice pay remainder plus late fee or I’ll have the ...
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Hi everyone, please help!
I own a duplex, live in one unit, and rent out the unit above mine. My tenants were 12 days late (as of today) for the rent. They used to pay their rent after I reminded them in the past 4 m...
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Hi Folks,I am new on here and seeking valuable ideas and tips on how to rent my 4bedroom house in Houston to great tenant. I got this house in 2015 brand new. Please a step to step guild on all I need to know about t...
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Good morning from Chicago,I am an owner/occupant of a Tri-plex.I'm a 26 year old kid and this is my first property and first year as a landlord. So far so good and a really positive experience up until my first hiccup...